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India will grow faster than 7.5 per cent in coming years: PM Modi

The Prime Minister’s comment comes ahead of the GDP data for the second quarter of FY16 expected this week. India’s economy grew by 7.3 per cent in FY15 and by 7 per cent in Q1FY16.

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They don’t go to the field

There is a worrying dearth of Indian economists working on agriculture today.

Punjab, economy, agriculture, trifurcation, Punjab Agriculture University, Punjab economy, Punjab agriculture, Food Corporation of India, iecolumnist, Ajay Veer Jakhar, The indian express

Breadbasket To Basket Case

Punjab is a case study in agricultural and economic mismanagement in India

5-month high: Capital goods, manufacturing push July factory growth to 4.2%

Factory output climbed to a five-month high of 4.2 per cent in July, with capital goods and manufacturing sectors posting robust growth, corroborating the government’s claim that the economic growth is gathering pace despite the slower-than-expected growth in GDP in the first quarter of 2015-16. The industrial production had grown 3.8 per cent in June. […]

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PM Narendra Modi’s jobs promise hit as construction sees slowdown

Indebted developers are cutting staff as they slow work on existing projects and postpone new buildings until they clear a backlog of 700,000 unsold homes.

The demand for grants that were tabled in Parliament by finance minister Arun Jaitley.

Global turbulence behind market crash, impact temporary: Jaitley

The stock markets witnessed a bloodbath on Monday with the benchmark BSE Sensex crashing over 1,500 points, biggest in seven and a half years, amid a global rout.

Raghuram Rajan, RBI, sensex today

Sensex crash: Indian economy much better than many others, says Rajan

The RBI Governor said that turmoil in currency market has been long-coming and China is only the last step in it.

greece, greece bailout, greece economy, greece news, europe news, world news, greece stock exchange, greece stock market, international news, news

Analysis: What Greece’s new elections mean for the bailout

Here is a look at what comes next for Greece and what the elections mean for the bailout, the 86 billion euro ($95 billion) package of loans that is keeping the country solvent and part of Europe’s joint currency, the euro.

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Govt mulls giving relief to FIIs from MAT

“The AP shah committee had recommended giving relief to FIIs from MAT. The government is favourably considering it,” the official added.


Bangkok blasts a blow to tourism, pillar of ailing economy

The Southeast Asian country’s tourism industry has expanded strongly over recent years, driven by rising numbers of Chinese tourists, which has helped offset the drag on growth from a decade of political instability.


What yuan devaluation means for China, other countries

The yuan’s value declined 1.9 percent on Tuesday, its biggest one-day drop in a decade, and dropped a further 1.6 percent on Wednesday.

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Yuan devaluation to hit India’s exports

While the Sensex at the BSE was trading around 200 points lower at below 28,000 mark, several India companies that are impacted by Chinese exports are under pressure too.

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Greece agrees on broad terms of new bailout package

“An agreement has been reached. Some minor details are being discussed right now,” a Finance Ministry official told reporters after marathon overnight talks between Greece and lenders in Athens.

greece, greece bailout, greece economy, greece news, europe news, world news, greece stock exchange, greece stock market, international news, news

Rebooting Greece: how to get its economy going again

The advice to Greece from economists is simple: focus on the basics.

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India’s retail inflation at 8-month high of 5.4 pc in June

The retail inflation measured in terms of Consumer Price Index (CPI) was at 5.01 per cent in May. The rate of price rise was at 6.77 per cent in June last year.